Fortune (October 11)
2026/ 10/ 12 by jd in Global News
“China’s debt interest costs are soaring above U.S. levels and growing faster than any other budget category as Beijing struggles to prop up growth.” Current estimates suggest “debt-servicing payments will account for 19.2% of the central government’s general public budget this year, up from 12% in 2014.”
Tags: Beijing, Budget, China, Costs, Debt interest, Debt-servicing payments, Government, Growing, Soaring, Struggles, U.S.
